Saturday, November 30, 2024
Oil steadies as Chinese economy offsets trade optimism- oil and gas 360

Oil steadies as Chinese economy offsets trade optimism

Reuters NEW YORK – Oil prices steadied on Friday as sluggish economic growth in China, the world’s biggest crude importer, raised concerns over fuel demand and countered optimism from the signing of a China-U.S. trade deal. Brent crude LCOc1 futures rose 9 cents to $64.71 a barrel by 11:19 a.m. EST (1619 GMT). U.S. West Texas Intermediate (WTI) crude CLc1

Microsoft pledges to remove more carbon than it emits by 2030- oil and gas 360

Microsoft pledges to remove more carbon than it emits by 2030

Houston Chronicle Microsoft on Thursday announced plans to remove more carbon than it emits by the end of the decade, a pledge that addresses the climate change crisis more aggressively than many of its tech rivals. The software giant, which announced the initiative at a news conference at its Redmond, Washington, headquarters, also plans to remove all the carbon emissions

Oil has nearly made back week's losses-oil and gas 360

Oil has nearly made back week’s losses

Houston Chronicle Oil erased most of its loss for the week, as the price gain after the signing of the U.S.-China trade agreement offset signs that supplies remain plentiful.   The phase-one deal committed Beijing to $52.4 billion in additional purchases of American energy in the next two years. The easing of trade hostilities, combined with a solid start to